11:47 The Minister for Food, Farming and Fisheries (Mark Spencer)

Having kicked off our sustainable farming incentive last summer starting with soil health, today we are adding six more ways that farmers can be paid to take action in 2023, from protecting and enhancing the hedgerows that make up a vital network of habitats across our farmed landscapes, to making sure that we tackle pests, protect crops and support wildlife, so that more farms of all shapes and sizes can make doing their bit for the environment part of their business plan. Each year, we will add offers to the SFI, with the full set in place by 2025, so that farmers can choose more options for their businesses. That is vital for producing food, tackling the causes and impacts of climate change, and helping nature to recover.

All that will help us to build the resilience of our communities and to meet our environmental targets on air, water and waste, as well as nature, land and sea, guided by our commitments to reach net zero by 2050 and halt the loss of species in our country by 2030. We are also tackling the polluters who stubbornly refuse to help and threaten to undermine everyone else’s hard work. Our aim is to back the frontrunners who can have the greatest impact and inspire others, as well as helping everyone to bring up their baseline and improve it year on year, harnessing the power of innovation and technology to help our farmers give nature a helping hand so that we focus on bringing their businesses into the future.

All the evidence we have, as well as plain common sense, tells us that making the shift towards a more sustainable, resilient food system is critical to feeding our growing population and meeting our commitments to halt the decline of nature by 2030 and reach net zero. That will fundamentally improve the lives of people across our country and around the world, and make sure that every generation has a better future. The UK will continue to lead the way. I am sure that the whole House will join me in recognising the vital importance of the solutions our fantastic farmers bring to the table. I commend this statement to the House.

[Source]

11:51 Daniel Zeichner (Labour)

As environmental and climate change goals become ever more urgent, how will updates to the plan specifically increase the use of peatland for carbon capture and storage?

I share the Minister’s excitement about the potential of the landscape recovery schemes, but we also need to leverage private sector finance if we are to reach net zero and halt biodiversity loss. What conversations has he had with colleagues in the Treasury, the Department for Business, Energy and Industrial Strategy, and across Government about ensuring that nature-based carbon credits actually have credibility? At the moment, it is difficult to quantify their value and to get people to be confident in investing in them.

[Source]